Skip to main content
Level 2
February 4, 2021
Question

AirBnb

  • February 4, 2021
  • 1 reply
  • 5 views

Los Angeles required my clients to shut down their Airbnb.  Threre is $1200 remaining on the depreciation schedule.  Not sure if LA will allow them to reopen.  What should I do with the Depreciaiton Schedule?

This topic has been closed for replies.

1 reply

Just-Lisa-Now-
Intuit Community Champion
February 4, 2021
If they were shut down due to Covid, AirBnBs will be allowed to reopen at some point. I wouldn't do anything with depreciation, its just a temporary situation.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪